BTC Mining Cost

Target Price

Production Cost × (1 + Margin%)

Production Cost (1 BTC)

(Diff × 2³² × Eff × Elec) / (Reward × 10¹² × 3.6M)

• Diff: Network Difficulty

• Eff: Efficiency (W/Th)

• Elec: Cost ($/kWh)

• Reward: Block Reward

• 3.6M: Joules to kWh conversion

Electricity Cost ($/kWh)

Network Difficulty (T)Chart

Antminer S21+

17 W/Th

$54,517

Antminer T21

19.5 W/Th

$62,535

Block Reward:3.125 BTC